Amruta
27 February 2010 at 13:16
If a JV Company which is a pvt company is formed with 51% holding by a foreign body corporate and 49% by an Indian company, will the said JVC b deemed to b a public ocmpany? Please clarify.
Thanks.
Amruta
rahul k
27 February 2010 at 09:19
Can tax liabilty of a deceased proprietor be recovered from the legal representatives of the deceased? Also is the death of the sole proprietor leads to the automatic dissolution of the firm?
Sambhav Jain
26 February 2010 at 13:31
A declared sick company (A Co.) by the BIFR has been sanctioned OTS(one time settlement) with IFCI. Later OTS amount was paid by B.CO. to IFCI(which is a limited comapny in private sector) with the consent of A Co. within time. Assingmnet of loan has not been mentioned in OTS Santioned letter with IFCI and OTS.
my questions are:
1. Whether IFCI can legally assign the loan to B Co.which is not a Non Banking Finance Co. nor asset reconstruction Co.
2. Whether Before actual assingment by IFCI, can A Co. withdraw its consent?
chandranil S Belvlakar
26 February 2010 at 12:31
Dear Experts,
Kindly can any one explain me what are the major points to be considered while drafting frenchise agreement and how is the stamp duty calculated for the same
Virendra Singhal
26 February 2010 at 11:50
Sir,
A first generation enterprenure had set up a factory by taking loan from IFCI and 2 PSBs.The Company defaulted in repayment of loan.IFCI alongwith 2 Banks moved Delhi High Court and took the entire secured assets of the Company and put it with Court receiver.No Insurance was taken by lenders,though agreed to by them.
Subsequently, the entire secured assets were lost while it was in the custody of court receiver.
Should the guarantors be not discharged under section 139 and 141 of the Indian Contract Act.
Pl. advise.
V.K.Singhal
Dr C Suresh
26 February 2010 at 09:04
Can a bank reopen after arguments are over in DRT? If yes, are arguments conducted again?
Anonymous
25 February 2010 at 20:39
A is having a house which he wants to mortage to bankto take a loan for business. The house is at the name of his grandmother who is dead and death certificate is available.
My question is that in case can he get any loan?
neeru20021
25 February 2010 at 15:27
some body have a institute. he provides training and all some diploma courses. He is an advocate. now he wann to know whether he can give certificate or not. he don't have any afiliation. if any afilation required from where he can
Supriyo Samaddar
25 February 2010 at 12:55
Can a private limited company become a partner in a partnership firm with three persons who are also the directors of the same company.
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Authority Letter & Affidavit
dear sir,
we are dealers' in gold/silver/diamond ornaments. our employee take ornaments on approval basis to a dealer-and bring back the same from time to time. We do proper documentation for this transaction.
To avoid in-transit hassel , say by police, octroi, s.tax etc dept, we have given them our authority letter on 100 rupee stamp paper (duly notarised)and also affidavit pertaining to his job of carrying the valuable ornaments.
pl let us know(1) the validity of this affidavit and letter of authority(2) we understand that it is for six months only-as validy of the stamp paper itself is six months. We are confused.
seeking your advise.
thanks
anckoora